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$3,999,999

Est. payment - /mo

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5 Beds

6 Baths

3,389 SqFt

New

852 11th St Santa Monica, CA 90403

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,389 sqft

Price per Sqft $1,180

MLS Listing ID 26835645

Bedrooms 5

HOA Y/N No

Lot Size 7,501 Sqft

Property Description

Rare investment opportunity on one of Santa Monica's most sought-after streets, just moments from Montana Avenue. Trophy properties in this location rarely become available, making this an exceptional offering for both investors and owner-users alike.The property features a well-maintained 3-bedroom, 2-bath front residence complemented by four income-generating rear units (two studios and two one-bedroom apartments) currently producing approximately $22,000 per month in gross income. With strong in-place cash flow and additional upside potential, this asset presents a compelling blend of stability, appreciation, and future value creation. Privately set behind mature landscaping, the compound offers a rare sense of tranquility and exclusivity while remaining within walking distance to Montana Avenue's premier dining, shopping, and lifestyle destinations. The combination of irreplaceable location, desirable unit mix, and immediate income makes this a highly coveted and exceptionally scarce investment opportunity in the heart of Santa Monica.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Interior Features Ceiling Fan(s), Utility Room, Walk-In Closet(s)

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Den

Fireplace Yes

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, In Kitchen

Exterior

Parking Features Garage

Pool None

Community Features Gated

View Y/N Yes

View Courtyard

Total Parking Spaces 4

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4281024012

Security Features Carbon Monoxide Detector(s),Fire Detection System,Gated Community,Key Card Entry,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ali Safavi Real Estate eBroker Inc. #02112648

NEARBY SCHOOL & BUSINESS

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